sanathan textiles ipo

Sanathan Textiles Ltd IPO

Upcoming RHP Apply Now

IPO Details

  • Open Date TBA
  • Close Date TBA
  • Lot Size -
  • IPO Size -
  • IPO Price Range -
  • Min Investment -
  • Listing Exchange -
  • Basis of Allotment TBA
  • Refunds TBA
  • Credit to Demat Account TBA
  • Listing Date TBA

IPO Synopsis

Sanathan Textiles, a Mumbai-based yarn manufacturer, has filed its preliminary papers with SEBI to raise funds through an Initial Public Offering (IPO). The issue size will be in the range of Rs 1,200-1,300 crore.

The issue comprises of Rs 500 crore via fresh issue of equity shares and an offer for sale of up to 11,400,000 equity shares by the promoters. The company may also consider a pre-IPO placement of equity shares aggregating up to Rs 100 crore.
 

About Sanathan Textiles Ltd

Mumbai-based yarn manufacturer, Sanathan Textiles' business is made up of three verticals, consisting of polyester yarn products; cotton yarn products; and yarns for technical textiles and industrial uses, manufactured at its Silvassa facility.
Its key customers include Arvind, Trident, Welspun India, Page Industries, D’décor Home Fabrics, Creative Group, Ascent Yarns and Paragon.
 

How to apply for IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

IPO NewsIPO News

Top Stories for you
Story Blog
Trust Fintech IPO Subscribed 108.63 times

Trust Fintech IPO is book-built issue of ₹63.45 crores, consisting entirely of fresh issue shares totalling 62.82 lakh. Trust Fintech IPO commenced its subscription period on March 26, 2024, & concludes today, March 28, 2024. Allotment is scheduled for Tuesday, April 2, 2024, with listing on NSE SME tentatively set for Thursday, April 4, 2024.

Most Popular
Story Blog
Aspire & Innovative IPO Subscribed 15.17 times
Blue Pebble IPO Subscribed 56.32 times
SRM Contractors IPO Subscribed 86.56 times

IPO BlogIPO Blog

Top Stories for you
Naman In-Store (India) IPO Allotment Status

Building blocks of the Naman In-Store (India) Ltd IPO Naman In-Store (India) IPO is book built issue of Rs 25.35 crores. It consists entirely of fresh issue of 28.48 lakh shares. Naman In-Store (India) IPO opens for subscription on March 22, 2024, & closes on March 27, 2024. allotment is expected to be finalized on March 28, 2024. Naman In-Store (India) IPO will list on NSE SME with tentative listing date set ...

IPO GuideIPO Guide

Top Stories for you
IPO Cycle

The IPO cycle, also referred to as Initial Public Offering Cycle, allows private companies to go public and offer the company's shares to the general public for the first time. It ...

 
Greenshoe Option
How To Cancel An IPO Application
NFO vs IPO
What Is FPO In Share Market?
What is an Abridged Prospectus?
How to Buy IPO Online in India